France will grant licenses to operators of online gambling in 2010.

Posted by Yucasino casino news

March 8, 2009

At the end, France is heading for a controlled market opening game of chance.

Last Thursday, 5 French budget minister, Eric Woerth announced its plan to liberalize its market to be presented to the Cabinet at the end of the month . Implies that France granted licenses to operators of online gambling in 2010. The French government is trying to stop illegal gambling and preserve the billions of euros of tax revenue anticipated by the industry each year.

The Minister, Eric Woerth said the market for gaming in France would be expanded to adapt to the reality of the Internet and to help France out of an untenable situation where the state is losing an increasingly largest of the betting market.

The plan was submitted in response to a request from the European Union 2007, which included a threat of litigation to end state monopolies on gambling and enforce competition laws in the EU.

The French government admitted about 5 billion euros a year industry of gambling, , which includes internet gambling, casinos, horse racing and lotteries. The government intends to introduce, under the bill, a rate of 7.5% on internet gambling, sports events and horse races, and 2% on wagers online poker.

The internet gambling is legal in several European countries in varying degrees, including Great Britain and Ireland, but the laws governing the sector throughout the EU are far from homogeneous.

Pari Mutuel Urbain ( PMU ), that has a monopoly on betting on horse racing, earned an annual income of 9.3 one billion euros last year. La Française des Jeux , the state monopoly operating lotteries and sports betting their income was 9.3 billion euros in 2007.

Currently, illegal gambling generates about 7 billion euros per year, with 25,000 illegal gambling sites in France representing 75% of the .

Woerth said during his announcement, “Instead of a ban on 25,000 websites, we prefer to give licenses to all who wish to respect the public order and social.”

The situation in Europe is as follows:

On March 3, the Parliament and the Council of Ministers requested the European Commission to initiate a dialogue with a view to reaching political agreement on the legal status of gambling in Europe . As gambling activities are considered essential for national, the European Commission has not proposed a common standard for regulation in Europe. Meanwhile, the European Parliament and Council have adopted in recent months, non-legislative initiatives on this sensitive issue, which affects both taxes and state-owned monopolies.

In the recent debate on “The future of gambling in Europe” it was stressed that the only way forward in the field of play is political. Even the European Court of Justice has said he does not want to rule on something that is political in nature.

The political solution for gaming should be based on four fundamental principles of European architecture as subsidiarity, solidarity, integrity and caution.

On March 10, 2009 is scheduled to vote on the integrity of the game online in the full Parliament.

O. Guillot

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